Indiamart shares fall 19% following Jefferies rating update
Oct 21, 2024 · Key takeaways. Indiamart shares dropped 19% despite strong Q2 earnings. Net profit rose 94.7% year-on-year to ₹135.1 crore. Subscriber growth slowed, leading to caution …
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Indiamart Shares Fall 19% Following Jefferies Rating Update
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Oct 21, 2024 · Key takeaways. Indiamart shares dropped 19% despite strong Q2 earnings. Net profit rose 94.7% year-on-year to ₹135.1 crore. Subscriber growth slowed, leading to caution …
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Why Did Indiamart Fall 19% Despite Reporting 96% YoY Increase In …
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Oct 21, 2024 · Shares of India’s largest B2B digital marketplace dropped 19 percent to Rs.2,447.50 per share on Monday morning trade following a downgrade from Jefferies, …
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IndiaMart Shares Down 19% On Jefferies Downgrade: Buy, Sell, Or …
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IndiaMart’s share price has been under pressure, currently trading at ₹2,585, down 14.2% from the previous close on the NSE. The stock is significantly lower than its 52-week high of ₹3,198 ...
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Indiamart Intermesh Shares Tank 19% On Jefferies ... - Moneycontrol
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Moneycontrol News. October 21, 2024 / 10:33 IST. Indiamart Intermesh is currently trading way lower from its 52-week high of Rs 3,198. Shares of Indiamart Intermesh tumbled 19 percent to …
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IndiaMart Shares Down 19% On Jefferies Downgrade: Buy, Sell, Or …
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Published 21-10-2024, 12:28 pm. 0. INMR. -. INMR. -. Shares of IndiaMart Intermesh plunged by 19% to ₹2,447 during morning trading on October 21, despite reporting strong second-quarter …
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Jefferies On IndiaMart: Downgrade To Underperform, Sees 15
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Oct 21, 2024 · Jefferies has downgraded IndiaMart from Buy to Underperform, lowering its target price to Rs 2540, reflecting a 15% downside. While the company delivered in-line Q2 results, …
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IndiaMART Shares Tank 16% After Downgrades Post Q2 Results
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Oct 21, 2024 · Shares of IndiaMART InterMESH Ltd. fell as much as 15% on Monday, October 21, after the company reported results on Saturday that prompted a cautious outlook from …
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IndiaMart Shares Down 19% On Jefferies Downgrade: Buy, Sell, Or …
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Oct 21, 2024 · Image source: Invezz. Shares of IndiaMart Intermesh plunged by 19% to ₹2,447 during morning trading on October 21, despite reporting strong second-quarter earnings. While …
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IndiaMart Shares Down 19% On Jefferies Downgrade: Buy ... - One …
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Shares of IndiaMart Intermesh plunged by 19% to ₹2,447 during morning trading on October 21, despite.. • Markets • One News Page: Monday, 21 October 2024
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IndiaMART Surges Over 5% As Jefferies Predicts Subscriber …
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Mar 15, 2024 · Analysts at Jefferies forecasted that paid subscriber additions will pick up from 3,000 per quarter in FY24E to 6,000 per quarter in FY25E. Shares of IndiaMART InterMESH …
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IndiaMart Shares Fall 10% As Q2 Collections Under Pressure, …
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Oct 21, 2024 · IndiaMART’s stock declined by 10% following its Q2 FY25 results. Despite posting in-line numbers, Jefferies downgraded the stock from “Buy” to “Underperform,” citing concerns …
businessupturn.com
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IndiaMART Shares Keel Over 18% Despite Q2 PAT Zooms 95%; BUY, …
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Oct 21, 2024 · Buy, sell, or hold? IndiaMART Share Price Down Why: IndiaMART reported a 95 per cent jump in its profit after tax (PAT) in Q2. (Image: iStock/ET NOW News) IndiaMART …
etnownews.com
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Indiamart Intermesh: Jefferies Initiates Coverage With ’buy’ Rating ...
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Feb 14, 2024 · Jefferies expects Indiamart to have strong revenue growth driven by the rise in digital penetration among SMEs and reasonable valuations. The brokerage forecasts a 19% …
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Why IndiaMart Stock Fell 18% Despite Nearly 100% Jump In Q2 …
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Oct 21, 2024 · IndiaMart Intermesh shares fell 18.4 per cent in Monday's trade on the BSE to register an intraday low of Rs 2,461 per share on the BSE. The selling pressure in the stock …
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Why Are IndiaMART Shares Down And Locked In A 15% Lower Circuit …
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Oct 21, 2024 · IndiaMART InterMESH Ltd. shares are down and locked in the 15% lower circuit today, falling by ₹451.95 (-15.00%) to ₹2,561.20 as of 9:40 AM.The stock has been under …
businessupturn.com
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1 Bonus, 200% Dividend Latest: Jefferies Likes Retail Stock IndiaMART …
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Mar 14, 2024 · On the valuation, Jefferies said, "Indiamart offers structural growth with 19%/25% rev/EPS Cagr over FY24-26E. Low penetration among SMEs offers a long runway for growth.
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FAQs about Indiamart shares fall 19% following Jefferies rating update Coupon?
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Why did Jefferies cut its price target for IndiaMART shares?
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Why did IndiaMART share price fall 18 per cent?
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